The dynamic nature of business

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  • The dynamic nature of business
    • Entrepreneur
      • a person who takes advantage of a business and takes risks.
    • Enterprise
      • a person spotting a business opportunity and setting up a business
    • Obsolete
      • a product or service with sales that have declined
    • E-Commerce
      • When buyers and sellers come together to trade in a virtual location.
    • Changes in technology
      • can lead to new product ideas that were not before possible
      • Changes in consumer wants.
        • new business ideas are thought up in order to satisfy these new needs.

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Oliver Crago

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As a business studies GCSE and A-level teacher, I often find that I do not have enough time to make resources of my own for my students. This mind-map is beyond excellent, as it covers all the content from lesson 1 of the specification, and it saves me a job! My year 10 students will be more than pleased when they are given this for their small revision sessions next lesson in preparation for our mini assessment quiz we will be doing after each unit! Thank you so much for taking the time to make this

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